Public choice economists:
A. analyze the incidence of taxes.
B. are also known as Keynesian economists.
C. use the tools of economics to analyze decision making, politics, and elections in the public sector.
D. are, by definition, economists employed by federal, state, and local governments.
Answer: C
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A) $0 B) $200 C) $600 D) $900
Data on Northeastern manufacturing firms show that firm size (number of workers per firm) increased for _________________ between 1820 and 1860
a. mechanized industries b. non-mechanized industries c. mechanized and non-mechanized industries d. only the textile industry
Fiscal policy is a change in either government purchases or the money supply designed to change total spending in the economy, thereby influencing the levels of employment and output
a. True b. False
If the exchange rate rises from 100 yen per dollar to 120 yen per dollar, the dollar has appreciated
Indicate whether the statement is true or false